A will is the most important vehicle for making financial provisions for our loved ones and ensuring that your wishes are known. A major benefit in making a bequest gift is that while you have arranged a gift to the hospital and have the satisfaction of knowing that it is in place, you retain control of the funds throughout your lifetime. Upon your passing, the gift will be transferred to the Foundation and a tax receipt will be issued, which will reduce the amount of tax owing on your estate. A bequest can take the form of cash, real estate or other valuables such as stocks, bonds or guaranteed income certificates.
